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this was tom cole on sunday. >> only obama can fix entitlements. democrat versus democrat fight over entitlement which mirrors their fighting over taxes. a response to an argument that was starting before former adviser steve ratner and minnesota democratic congressman keith ellison with near glee. there is no real choice about that. we're clear social security is off the table. this is, to me, the much more interesting debate between tom and dan. >> you want republicans arguing. both sides are also battling for control of the debt ceiling which may represent the republicans' greatest point of leverage in these budget talks. goo the speaker of the house says that's a nonstarter. >> silliness. congress will never give up the power. i've made it clear to the president. we need cuts in reform greater than the increase in the debt limit. >> bottom line, you've got to put a detailed plan on the table that the white house ends up agreeing to some of it, rejects some of it in the same way the white house is arguably overplaying their hand on taxes. the qu
this was tom cole on sunday. >> only obama can fix entitlements. democrat versus democrat fight over entitlement which mirrors their fighting over taxes. a response to an argument that was starting before former adviser steve ratner and minnesota democratic congressman keith ellison with near glee. there is no real choice about that. we're clear social security is off the table. this is, to me, the much more interesting debate between tom and dan. >> you want republicans arguing....
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president obama discussing the fiscal cliff. let's listen in. >> make sure your kids can go to a good school. make sure they can aspire to whatever they want to be. that idea is what built america. that's the idea that built michigan. that's the idea that's at the heart of the economic plan i've been talking about all yearlong on the campaign trail. i want to give more americans the chance to earn the skills that businesses are looking for right now and give our kids the kind of education they need to succeed in the 21st century. i want to make sure america leads the world in research and technology and clean energy. i want to put people back to work rebuilding our roads and our bridges and our schools. that's how we grow an economy. i want us to bring down the deficits but i want to do in it a balanced, responsible way. and i want to reward -- i want a tax code that rewards businesses and manufacturers like detroit diesel right here creating jobs right here in redford, right here in michigan, right here in the united states of
president obama discussing the fiscal cliff. let's listen in. >> make sure your kids can go to a good school. make sure they can aspire to whatever they want to be. that idea is what built america. that's the idea that built michigan. that's the idea that's at the heart of the economic plan i've been talking about all yearlong on the campaign trail. i want to give more americans the chance to earn the skills that businesses are looking for right now and give our kids the kind of education...
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that's still what president obama is calling for now. but now when you ask him if that's the red line, if it you ask if he will accept anything else, he doesn't really answer. >> tax rates. are you -- is there no deal at the end of the year if tax rates for the top 2% aren't the clinton tax rates, period. no ifs, ands or buts on that specific aspect of the fiscal cliff. >> with respect to the tax rates, i want to emphasize, i am open to new ideas. i'm not going to slam the door in their face. i want to hear -- i want to hear ideas from everybody. >> that's not a no. here is the treasury secretary timothy geithner. >> there's no agreement that doesn't involve the rates going up on the top 2%. >> not necessarily going up to the clinton era rates. just going up. today at a press conference at the capital, boehner got a question about this. listen carefully to how he responded or didn't respond. >> you did speak with the president earlier this week. can you characterize this call? and also we understand that he just is making clear that it's
that's still what president obama is calling for now. but now when you ask him if that's the red line, if it you ask if he will accept anything else, he doesn't really answer. >> tax rates. are you -- is there no deal at the end of the year if tax rates for the top 2% aren't the clinton tax rates, period. no ifs, ands or buts on that specific aspect of the fiscal cliff. >> with respect to the tax rates, i want to emphasize, i am open to new ideas. i'm not going to slam the door in...
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Dec 7, 2012
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and yesterday president obama met with a virginia family. tax hikes for the rich are nonnegotiable. >> just to be clear, i'm not going to sign any package that somehow prevents the top rate from going up for folks at the top 2%. but i do remain optimistic that we can get something done that is for families like this one. >> joining me now is barry, msnbc political contributor and editor for grio. hello, guys. >> perry, i'm wondering if these new unemployment numbers add to the president's leverage? >> i think they do. the big thing is the election. but the jobs numbers suggest that the economy is doing well and it cuts against the republican argument that raising taxes on the rich with would hurt the economy and the economy is fragile. the numbers though that the economy is not fragile and that would improve the economy's leverage. he's still doing so many public events. he is trying to use that public pressure to sort of force the republicans to cut a deal. >> doing this public stuff but at the same time having these private talks with the
and yesterday president obama met with a virginia family. tax hikes for the rich are nonnegotiable. >> just to be clear, i'm not going to sign any package that somehow prevents the top rate from going up for folks at the top 2%. but i do remain optimistic that we can get something done that is for families like this one. >> joining me now is barry, msnbc political contributor and editor for grio. hello, guys. >> perry, i'm wondering if these new unemployment numbers add to the...
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at the end of the day president obama is selling a very simple message. i want to keep taxes low for middle class americans and republicans, i'm worried, are in the position of looking as if they don't care about the middle class and want to keep tax rates low for wealthy americans. >> one of the things that struck me in my interview with tim geithner, the republicans were a little unclear. he said the bush tax rates had to go up but not all the way up and geithner said they had do have to go up to 39.6%. >> i still think the white house is willing to settle for something in the middle there above the bush tax rate but maybe not all the way back up to clinton, maybe not 250 and above, maybe 500. i think there are moving parts there. i think he says in every speech he goes out there and gives the hard line message to the base i'm not going to be the woos you thought i was last time. he says i want to compromise and we all have to get out of our comfort zone. i want a deal. >> and republican senate leader machine mcconnell added another wrinkle to this afte
at the end of the day president obama is selling a very simple message. i want to keep taxes low for middle class americans and republicans, i'm worried, are in the position of looking as if they don't care about the middle class and want to keep tax rates low for wealthy americans. >> one of the things that struck me in my interview with tim geithner, the republicans were a little unclear. he said the bush tax rates had to go up but not all the way up and geithner said they had do have...
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his job was to nominate obama for a second term in 2012. i really believe at the end of that speech if he had said, hey, while we're at it, can we nominate hillary for 2016 as the successor, by acclimation, that place would have done it. the change in mood toward the kk clintons was amazing. >> can hillary count on the same level of support, especially if the republicans, for example, were to run say marco rubio? >> absolutely. i mean, if hillary clinton when she ran against president obama actually won the latino vote 2 to 1. more importantly, a lot of lee tonos will remember how prosperous they were under a clinton administration versus a bush administration. not only would they definitely fall in line behind hillary clinton, but also let's not forget that latinas outvote their male counterparts. so they will be leading the charge in the polling booth in favor of hillary clinton no doubt. >> wow, i cannot wait. already licking my lips at the thought of it. thank you all. >>> next, the folks behind that hash tag fire boehner tell us who wo
his job was to nominate obama for a second term in 2012. i really believe at the end of that speech if he had said, hey, while we're at it, can we nominate hillary for 2016 as the successor, by acclimation, that place would have done it. the change in mood toward the kk clintons was amazing. >> can hillary count on the same level of support, especially if the republicans, for example, were to run say marco rubio? >> absolutely. i mean, if hillary clinton when she ran against...
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obama won the election. we won seats in the house. the american people want action and it is undemocratic. it is un-american when a small minority can deny the majority from going forward. >> and senator, the fiscal situation they are dealing with in washington, it doesn't look like we have made a lot of progress. what are your thoughts on that? >> well, it shouldn't just be the speaker and the president. it should be the voice of the american people. it should be the senate and should be the house. on these issues, ed, the election mattered. and poll after poll tells us the same thing. not a lot of debate but that's what the american people want. >> that's not getting through to speaker boehner. >> and that's why the president and the democrats have to stand tall. the democrats must not snatch defeat out of the jaws of victory. we have the american people on our side. we won the election. poll after poll tells us. the american people understand that the wealthiest people are doing phenomenally well. their tax rates are low. the middl
obama won the election. we won seats in the house. the american people want action and it is undemocratic. it is un-american when a small minority can deny the majority from going forward. >> and senator, the fiscal situation they are dealing with in washington, it doesn't look like we have made a lot of progress. what are your thoughts on that? >> well, it shouldn't just be the speaker and the president. it should be the voice of the american people. it should be the senate and...
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andrews wrote, yes, mitt, obama care does cover romnesia. and craig suggested this caption, please proceed, governor. keep sharing your thoughts with us on facebook and twitter. using the #theedshow. still to come, the supreme court will hear cases on california's prop 8 and the defensive marriage act. jonathan turley at george washington university will weigh in on the civil rights battle. we're coming right back. and you really don't want to pay more than you have to. only citi price rewind automatically searches for the lowest price. and if it finds one, you get refunded the difference. just use your citi card and register your purchase online. have a super sparkly day! ok. [ male announcer ] now all you need is a magic carriage. citi price rewind. start saving at citi.com/pricerewind. >>> for almost 20 years, the violence against women act has received broad bipartisan support. even the most partisan right wingers didn't want to stand in the way of providing resources to combat domestic violence. that's in the past. the law is up for rea
andrews wrote, yes, mitt, obama care does cover romnesia. and craig suggested this caption, please proceed, governor. keep sharing your thoughts with us on facebook and twitter. using the #theedshow. still to come, the supreme court will hear cases on california's prop 8 and the defensive marriage act. jonathan turley at george washington university will weigh in on the civil rights battle. we're coming right back. and you really don't want to pay more than you have to. only citi price rewind...
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president obama needs to expand the government. i wish the majority of the middle class saw it that way. more than half the country felt that his left wing agenda was it. it isn't eventually the middle class is going to get nailed. and the spin will be that republicans jacked up the economy so badly. >> i think that is where this is going. i think there could be a tax and maybe it can't get through congress. but i have never seen a time, i have seen polls on this. taxing the rich. they know that. one last point here. going from government to welfare getting a job. do you know there is a high tax rate? we have to figure out a way to make it work so that people don't get hurt. >> i think the government is probably 80% too large. that would be a tremendous engine to close the gap between the rich and the poor. they can will to their children. we don't have that now. i think that is the engine of both in the conneconomy. but i'm not going to give up the fight. larry elder. well done. good luck on the book and the radio show. >> let's g
president obama needs to expand the government. i wish the majority of the middle class saw it that way. more than half the country felt that his left wing agenda was it. it isn't eventually the middle class is going to get nailed. and the spin will be that republicans jacked up the economy so badly. >> i think that is where this is going. i think there could be a tax and maybe it can't get through congress. but i have never seen a time, i have seen polls on this. taxing the rich. they...
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president obama going off republicans on the looming fiscal cliff on the weekly radio address. accusing the house of blocking a bill aimed at year end middle tax cuts. >> they put forward an unbalanced plan that lowers rates for the wealthiest americans. >> if we want to protect the middle class, the math didn't work. >> meanwhile, florida senator marco rubio delivering the response, prosperity should come through job creation and smaller debt not taxes. >> we must get the debt under control. taxes will not control our debt. >> both sides of the issue. i'm jamie colby, back to cavuto on fox business, only on the fox news channel. >> what's the deal with the guy wearing sunglasses and saying nothing? >> and all over again in michigan, protesting the right to work bill. the scene almost identical to wisconsin last year and that state's battle over collective bargaining and then, what's going on? >> and i think it's always tough for unions to admit they've lost allure. i'm a union man and i know charlie is very fond of unions. we love unions, but we want people to have the right t
president obama going off republicans on the looming fiscal cliff on the weekly radio address. accusing the house of blocking a bill aimed at year end middle tax cuts. >> they put forward an unbalanced plan that lowers rates for the wealthiest americans. >> if we want to protect the middle class, the math didn't work. >> meanwhile, florida senator marco rubio delivering the response, prosperity should come through job creation and smaller debt not taxes. >> we must get...
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. >> on obama, he fought a campaign that was pretty skillful on the ground where it mattered in the swing states. probably why he won. by any kind of criminal just you say he didn't live up to the promise he gave four years ago. what do you want him to do to show some fulfillment of that promise. what i want him to do and what needs to be done have separate things. i do know that we've had a lot of programs, government funded programs for years now that represent both sides of the aisle. both sides want everything they want. both sides have found way with this congress over the last several years to get much of what they want. we bought it on credit. the time has come. we have to pay the bill. >> argument of the moment, you can see the republicans being pushed into this impossible situation for them to win where two-thirds of americans in all the polls are quite happy for the rich 2% to be taxed more. the republicans have boxed themselves into position come january 1st they might be allowing all the middle class to be taxable to try to save the skins of very wealthy americans. that's not
. >> on obama, he fought a campaign that was pretty skillful on the ground where it mattered in the swing states. probably why he won. by any kind of criminal just you say he didn't live up to the promise he gave four years ago. what do you want him to do to show some fulfillment of that promise. what i want him to do and what needs to be done have separate things. i do know that we've had a lot of programs, government funded programs for years now that represent both sides of the aisle....
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biggest names in the obama administration will not be joining president obama for four more years. we'll take a look . shark. one man gets the surprise of his life while on vacation . v. they're about 10 times softer and may have surface pores where bacteria can grow and multiply. polident is specifically designed to clean dentures daily. its unique micro-clean formula kills 99.9% of odor causing bacteria and helps dissolve stains, cleaning in a better way than brushing with toothpaste. that's why i recommend using polident. [ male announcer ] polident. cleaner, fresher, brighter every day. you can stay in and share something... or you can get out there and actually share something. ♪ the lexus december to remember sales event is on. this is the pursuit of perfection. i got your campbell's chunky soup. mom? who's mom? i'm the giants mascot. the giants don't have a mascot! ohhh! eat up! new jammin jerk chicken soup has tasty pieces of chicken with rice and beans. hmmm. for giant hunger! thanks mom! see ya! whoaa...oops! mom? i'm ok. grandma? hi sweetie! she operates the head. [ ma
biggest names in the obama administration will not be joining president obama for four more years. we'll take a look . shark. one man gets the surprise of his life while on vacation . v. they're about 10 times softer and may have surface pores where bacteria can grow and multiply. polident is specifically designed to clean dentures daily. its unique micro-clean formula kills 99.9% of odor causing bacteria and helps dissolve stains, cleaning in a better way than brushing with toothpaste. that's...
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do you think the obama administration should be trying to press israel will abstain? >> i think what the obama administration needs to do is -- you know the mideast is in chaos right now and israel is going to be affected a versely by that. what i think the obama administration needs to do is become more hands on in trying to promote arab israeli peace, peace between the israelis and the palestinians. that involved a whole lot more things than just settlements. and i think it was a mistake for instance for president obama in his first term to come out and make the fight on settlements. every administration in the united states has opposed settlements because they create facts on the ground that promote opportunities for peace. but it was a mistake for him to go out and say no more settleme settlements, no more expansion settlements and the secretary of state said the same thing and the minute they push back they cave. if you're going to take that position, you don't cave. but i think what's needed is a hands on approach to the peace process, arab israeli peace involvi
do you think the obama administration should be trying to press israel will abstain? >> i think what the obama administration needs to do is -- you know the mideast is in chaos right now and israel is going to be affected a versely by that. what i think the obama administration needs to do is become more hands on in trying to promote arab israeli peace, peace between the israelis and the palestinians. that involved a whole lot more things than just settlements. and i think it was a...
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here's candidate obama back in 2007. >> understand this. if american workers are being denied their right to organize and collectively bargain when i'm in the white house i'll put on a comfortable pair of shoes myself. i'll walk on that picket line with you as president of the united states. >> why did the president pick now to so voluntary valley insert himself in this issue? let's put it splu the spthrough cycle. i think it's about politics. like wisconsin, which he completely ignored. again, for political reasons. so, the way i sigh it is right now he's focusing on the fiscal cliff. he will have to give in on entitlement issues and up to him to focus on how to make the left happy and do something with labor. a natural constituency. it will come after him if he doesn't do something about it. i think right now good politics on the issue. >> yeah, no. i tend to agree with that. he just has to show up. he wasn't as in the speech today as sort as explicit as i was led to believe this morning and the white house made it clear where he stands o
here's candidate obama back in 2007. >> understand this. if american workers are being denied their right to organize and collectively bargain when i'm in the white house i'll put on a comfortable pair of shoes myself. i'll walk on that picket line with you as president of the united states. >> why did the president pick now to so voluntary valley insert himself in this issue? let's put it splu the spthrough cycle. i think it's about politics. like wisconsin, which he completely...
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i mean, obama was ripe for the taking. i don't know if i agree that that was deservedly so but they really, really could have brought him down and the vice presidential choice was criti l critical. if you had romney who was plenty conservative for most people i know maybe not red states, christian conservatives, he needed a woman on the ticket. >> i was amazed he didn't go for another demographic. if he got marco rubio or rice assuming they would do it but -- >> if he went for meg whitman of california running for the senate and the chair -- the ceo of hewlett-packard. a serious woman as opposed to palin and the race in 2008. if he took a serious woman, he might have hosted a chance, i think. >> on obama, i mean, he ended up fighting a campaign that was pretty skillful on the ground where it mattered in the swing states. probably why he won. but you would say he didn't live up to the prams that he gave us four years ago. what does he have to do now? he can't face another election. what do you want him to do to show fulfill
i mean, obama was ripe for the taking. i don't know if i agree that that was deservedly so but they really, really could have brought him down and the vice presidential choice was criti l critical. if you had romney who was plenty conservative for most people i know maybe not red states, christian conservatives, he needed a woman on the ticket. >> i was amazed he didn't go for another demographic. if he got marco rubio or rice assuming they would do it but -- >> if he went for meg...
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there you see the obama offer in terms of what he has put on the table. he would like to see a bunch of new taxes particularly tax 92 creases, $960 billion and the key here is that what the president has offered in all told is $1.6 trillion in new tax revenues and what the speaker countered with today was $800 billion. you can see how far apart the two men are. there is a lot of negotiating to be done between here and there. >> what is your guesstimate on a counter? >> i think we have a counter at some point in the next couple of days. where they go in terms of those numbers i don't know because this would be the first time that either party has to move far off of its talking points. both parties made offers that are basically what the talking points are. now we get to the nitty-gritty. who is willing to show a little leg and compromise. >> quite a metaphor. >> whoa! >> you show a little leg. >> rise above, show a little leg. it's all the same. thank you. >> poor guy he is doing a serious report -- >> and then you guys chime in. >> the "fast money" hounds
there you see the obama offer in terms of what he has put on the table. he would like to see a bunch of new taxes particularly tax 92 creases, $960 billion and the key here is that what the president has offered in all told is $1.6 trillion in new tax revenues and what the speaker countered with today was $800 billion. you can see how far apart the two men are. there is a lot of negotiating to be done between here and there. >> what is your guesstimate on a counter? >> i think we...
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, and it was very clear on obama wanted tax raise for the highest income americans. didn't the american people make that choice in voting for him, the electoral college and the popular vote? so isn't it incumbent on republicans to at least accept some upper income tax raise there? >> i think that the american public voted for the status quo. they voted for the gridlock that they had before the election. i think it's a little foolish of the american people to think they are going to get something different based on what they voted for. >> you think they want the status quo? >> -- largely for redistricting. well, they voted for it. whether they wanted it or not, to think these people are going to change long-held habits based on one election, i think is a little bit silly. we're going to have gridlock in washington and frankly, i think gridlock is a good thing, not a bad thing. it keeps congress from taking away more liberties. >> the other thing, anderson, is that when you look at the members of congress, overwhelmingly, they were re-elected running on whatever they w
, and it was very clear on obama wanted tax raise for the highest income americans. didn't the american people make that choice in voting for him, the electoral college and the popular vote? so isn't it incumbent on republicans to at least accept some upper income tax raise there? >> i think that the american public voted for the status quo. they voted for the gridlock that they had before the election. i think it's a little foolish of the american people to think they are going to get...
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>> a re-elected barack obama back at number one. two years ago we had hu jintao so it is not automatic the president is at the top but with a kind of mini mandate, four more years and the defacto leader of the free world it is a pretty easy selection of number one. >> angela merkel number two. easy to understand. >> europe goes through germany and germany goes through merkel. >> let's talk about vladimir putin coming in at number three. >> yes. he has been on the list even when he wasn't president because we all know who was still running the show then. he's back up there with a bullet. he's been as high as two on this list. here is somebody who has a u.n. security council permanency, controls a huge oil and gas reserve, has a nuclear tipped army and wields his power very effectively. >> and loves to show his muscles. many times as possible. >> powerful in many ways. that's right. >> of late bill gates has been the rodney dangerfield of silicon valley or seattle. he gets absolutely no respect but you give him plenty. he comes in at
>> a re-elected barack obama back at number one. two years ago we had hu jintao so it is not automatic the president is at the top but with a kind of mini mandate, four more years and the defacto leader of the free world it is a pretty easy selection of number one. >> angela merkel number two. easy to understand. >> europe goes through germany and germany goes through merkel. >> let's talk about vladimir putin coming in at number three. >> yes. he has been on the...
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joel stein, sum up for me what the priorities should be for president obama. he has his second term, doesn't need to worry about being re-elected. he can be bold if he wants to be. everyone talks about jobs, jobs, jobs but charles may have hit the nail on the head there. it is probably about education and training for america above almost anything else. >> i was waiting for obama to ask me what he needs to do the next four years. i think what he needs to deal with is our long-term problems because he doesn't need to be re-elected. that's education and that's infrastructure and inequality. those are the three things that he can really cement his legacy and really move our country in the right direction, instead of worrying about jobs, which you know, there's not that much he can do in the short term about jobs. so i don't know if that's where he should be focusing anymore. >> kristin, final word from you about this. >> i disagree that the focus shouldn't be on jobs. t unemployment ticked down to 7.7% but you still had hundreds of people leaving the work force.
joel stein, sum up for me what the priorities should be for president obama. he has his second term, doesn't need to worry about being re-elected. he can be bold if he wants to be. everyone talks about jobs, jobs, jobs but charles may have hit the nail on the head there. it is probably about education and training for america above almost anything else. >> i was waiting for obama to ask me what he needs to do the next four years. i think what he needs to deal with is our long-term...
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. >>> president obama asking congress for billions in relief after superstorm sandy. but is it enough to coverage all the damage? we'll tell you how much he's asking for ahead. we're at walmart talking about the low price guarantee with brandy who is stocking up for the holidays. look at that price. that's great! if you find a lower advertised price, walmart will match it at the register. really? yeah. there you have it. oh my goodness! that's the walmart low price guarantee. see for yourself. bring in your last receipt and see how much you can save. be ready. with the season's tastiest brands. like farm rich mozzarella bites. bite-sized and loaded with mozzarella cheese. walmart has everything you need to be ready for holiday hosting. with our low price guarantee backed by ad match. walmart. i have a cold, and i took nyquil, but i'm still "stubbed" up. [ male announcer ] truth is, nyquil doesn't unstuff your nose. what? [ male announcer ] it doesn't have a decongestant. no way. [ male announcer ] sorry. alka-seltzer plus fights your worst cold symptoms plus has a fas
. >>> president obama asking congress for billions in relief after superstorm sandy. but is it enough to coverage all the damage? we'll tell you how much he's asking for ahead. we're at walmart talking about the low price guarantee with brandy who is stocking up for the holidays. look at that price. that's great! if you find a lower advertised price, walmart will match it at the register. really? yeah. there you have it. oh my goodness! that's the walmart low price guarantee. see for...
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and obama doesn't. so as his capital goes down and his vision gets wider historically, everybody else's vision is getting narrower to that -- not even to election day in '14, but of the primary day. >> so with all that said, leigh, you look at the deal, as michael said, the president came out big, not only does he want taxes to go up on the wealthy, but he wants stimulus spending. he wants the power to raise the debt ceiling. where is the middle ground when you look at this? who blinks on these questions of taxes? >> well, i mean, everyone's doubling down and waiting for the other side to blink first. and that's why we're going to push this to the end. i think michael makes a good point. we don't know what's happening. this could be all choreographed. we don't know what's happening with the side conversations. both sides will probably give. i mean, i think everyone knows that's going to be the case. but, you know, the president has a lot of leverage. he, of course, doesn't have absolute leverage, but he
and obama doesn't. so as his capital goes down and his vision gets wider historically, everybody else's vision is getting narrower to that -- not even to election day in '14, but of the primary day. >> so with all that said, leigh, you look at the deal, as michael said, the president came out big, not only does he want taxes to go up on the wealthy, but he wants stimulus spending. he wants the power to raise the debt ceiling. where is the middle ground when you look at this? who blinks on...
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Dec 4, 2012
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and obama would be remiss not to try. go ahead, eugene. >> obama has talked about -- he phrased it as breaking the fever, i think, at one point. this sort of solid wall of adamanting opposition to any sort of tax rate increase ever in the house has been seen as a problem to him from day one. and coming off the election, he's in a stronger political position than he's been in before. his incentive is not to rush into the room, his strength is out among public opinion where that's friendlier terrain for him. whereas once they get in the room, of course, republicans still have power, still have control of the house. >> yeah. >> so there's no great incentive for him to rush to compromise at this point. >> gene, why is -- why is raising the top marginal rate so important to the president as well as liberals across america? why -- explain why the is that so important? >> well -- >> and i'm talking specifically the top marginal rate. not taxes on the rich. because the rich have been skating by for too long. i've said it it's imm
and obama would be remiss not to try. go ahead, eugene. >> obama has talked about -- he phrased it as breaking the fever, i think, at one point. this sort of solid wall of adamanting opposition to any sort of tax rate increase ever in the house has been seen as a problem to him from day one. and coming off the election, he's in a stronger political position than he's been in before. his incentive is not to rush into the room, his strength is out among public opinion where that's...
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Dec 3, 2012
12/12
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president obama announced the proposal for avoiding the fiscal cliff. republicans called it a "joke." breaking just minutes ago, republicans have made a counteroffer. we will get to that. tdd#: 1-800-345-2550 let's talk about low-cost investing. tdd#: 1-800-345-2550 at schwab, we're committed to offering you tdd#: 1-800-345-2550 low-cost investment options-- tdd#: 1-800-345-2550 like our exchange traded funds, or etfs tdd#: 1-800-345-2550 which now have the lowest tdd#: 1-800-345-2550 operating expenses tdd#: 1-800-345-2550 in their respective tdd#: 1-800-345-2550 lipper categories. tdd#: 1-800-345-2550 lower than spdr tdd#: 1-800-345-2550 tdd#: 1-800-345-2550 and even lower than vanguard. tdd#: 1-800-345-2550 tdd#: 1-800-345-2550 that means with schwab, tdd#: 1-800-345-2550 your portfolio has tdd#: 1-800-345-2550 a better chance to grow. tdd#: 1-800-345-2550 and you can trade all our etfs online, tdd#: 1-800-345-2550 commission-free, from your schwab account. tdd#: 1-800-345-2550 tdd#: 1-800-345-2550 so let's talk about saving money, tdd#: 1-800-345-25
president obama announced the proposal for avoiding the fiscal cliff. republicans called it a "joke." breaking just minutes ago, republicans have made a counteroffer. we will get to that. tdd#: 1-800-345-2550 let's talk about low-cost investing. tdd#: 1-800-345-2550 at schwab, we're committed to offering you tdd#: 1-800-345-2550 low-cost investment options-- tdd#: 1-800-345-2550 like our exchange traded funds, or etfs tdd#: 1-800-345-2550 which now have the lowest tdd#: 1-800-345-2550...
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Dec 9, 2012
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do you think the obama administration should be doing more to try to press israel? >> well, i think what the obama administration needs do if they -- you know, the middle east is in chaos right now, and israel's going to be affected by that. and it's going to be affected in my view adversely by that. so i think what the administration needs to do is before more hands on and try to promote arab/israeli peace. that involves a whole lot more things than just settlements, and i think it was a mistake, for instance, for president obama in the first term to make -- fight on settlements. evan everybody in the united states don't want settlements but it was a mistake for him to go out and say no morriset morrisetteleme morrisettelement. as soon as it was push back, they caved. if you're going to take that position, you don't case. i think what's needed is a hands-on approach involved everything. not just settlements, but everything el. get the parties back to the table-talking east. it's an axiom. if there not peace talks going on. >> finally in iran do, you think obama's a
do you think the obama administration should be doing more to try to press israel? >> well, i think what the obama administration needs do if they -- you know, the middle east is in chaos right now, and israel's going to be affected by that. and it's going to be affected in my view adversely by that. so i think what the administration needs to do is before more hands on and try to promote arab/israeli peace. that involves a whole lot more things than just settlements, and i think it was a...
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Dec 5, 2012
12/12
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now, listen to president obama when he wasn't president obama and he was trying to become president obama on the debt ceil ing. >> the problem is, the way bush has done it over the last eight years, to take out a credit card from the bang of china in the name of our children, driving up our national debt from $5 trillion for the first 42 presidents, number 43, he added $4 trillion by his lonesome, and now we have over $9 trillion of debt. and we will have to pay it back $30,000 for every man, woman and child. that sir responsible. it is unpatriotic. >>eric: so it was unpatriotic and now, he wants us to believe it is bad to have a limit on the credit card. >>guest: the $30,000 is now $50,000 for every man, woman, and child. he failed to point that out. that is the absolute height of hypocrisy. would you give someone who has maxed out every credit card they own more unlimited credit? that is what the president is asking for. it is simply ridiculous and nauseating to people who have to be responsible with their finances. it is hypocrisy. >>eric: you, herman cain. >> did you notice my casual
now, listen to president obama when he wasn't president obama and he was trying to become president obama on the debt ceil ing. >> the problem is, the way bush has done it over the last eight years, to take out a credit card from the bang of china in the name of our children, driving up our national debt from $5 trillion for the first 42 presidents, number 43, he added $4 trillion by his lonesome, and now we have over $9 trillion of debt. and we will have to pay it back $30,000 for every...
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Dec 9, 2012
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and specific incidents when barack obama decided to pull all american troops out of iraq. an unprecedented step at the end of a conflict like that and i think that everybody in that region saw that and went, we can step in order and this is the result. >> do we have any options, bret? >> look, with a more engaged administration, we would be imposing a no-fly zone over a corners of syria and we could destroy assad's helicopters, which he's using against his own people and we could try to secure the chemical sites, we know with a high degree of position where they are. and unless we do that, we're going to be facing a deepening nightmare there. >> paul: let's turn to egypt, matt, is morsi and the muslim brotherhood staging, in essence, a coup? >> they're trying to continue -- i mean, it's a block in an egypt sense that he health two years ago, morsi would say to unblock it, to get rid of the courts, the military in his way, i've won elections and it's time to govern this country and the problem is half the country does not agree with him and the other problem, what he's he t
and specific incidents when barack obama decided to pull all american troops out of iraq. an unprecedented step at the end of a conflict like that and i think that everybody in that region saw that and went, we can step in order and this is the result. >> do we have any options, bret? >> look, with a more engaged administration, we would be imposing a no-fly zone over a corners of syria and we could destroy assad's helicopters, which he's using against his own people and we could...
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Dec 6, 2012
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some other surveys have shown president obama with a stronger hand. we looked democrats in congress together with the president, any time you lump congress in a question it drags down the number. finally if you look at the intense partisan split on outlooks for the economy, this is something that is relevant as we try to measure the pessimism or optimism of american voters, we see now an even split among those who say the economy will get better in the next year versus those who say it will get worse but there's a tremendous partisan split there. republicans, a six in ten republicans say the economy will get worse. it's the loser's lament after the election that they become more pessimistic, democrats overwhelmingly optimistic, independents interestingly agree more with the republicans, they expect the economy to get worse and that's one of the factors weighing down on public opinion as we head toward the last three weeks of the year's negotiations to avoid the fiscal cliff, carl. >> times a-wastin. with the deadline inching closer what needs to be do
some other surveys have shown president obama with a stronger hand. we looked democrats in congress together with the president, any time you lump congress in a question it drags down the number. finally if you look at the intense partisan split on outlooks for the economy, this is something that is relevant as we try to measure the pessimism or optimism of american voters, we see now an even split among those who say the economy will get better in the next year versus those who say it will get...
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Dec 2, 2012
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including one of president obama's biggest supporters. plus, as susan rice makes the rounds on capitol hill, we'll look at who could make up the national security team in president obama's second term. ♪ >> i am ready and able and willing and excited to go ahead and get this issue resolved in a bipartisan fashion so that american families, american businesses, have some certainty going into next year. >> i'm disappointed in where we are and i'm disappointed in what's happened over the last couple of weeks. the fiscal cliff is a serious business and i'm here seriously trying to resolve it and i would hope the white house would get serious as well. >> welcome tt colonel, editorial report, i'm paul gigot, not a meeting of the minds between president obama and house speaker john boehner where talks to end the fiscal showdown ends. the president for his park took his place for the public and called for america and little cuts to entitlement spending something the speaker says must be part of any final deal. wall street journal columnist and
including one of president obama's biggest supporters. plus, as susan rice makes the rounds on capitol hill, we'll look at who could make up the national security team in president obama's second term. ♪ >> i am ready and able and willing and excited to go ahead and get this issue resolved in a bipartisan fashion so that american families, american businesses, have some certainty going into next year. >> i'm disappointed in where we are and i'm disappointed in what's happened over...
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. >> chris: president obama accusing republicans of being willing to raise taxes on 98% of americans, while speaker boehner says it is the president who is unwilling to compromise. and it is time for our sunday group, bill kristol of the weekly standard. mara liasson of national public radio, republican strategist ed rollins and former democratic senator evan byah. you heard for the last half-hour, tim geithner and john boehner, each say they are being reasonable and it is the other side's fault. bill you have been through your share of washington negotiations. what strikes you about what you heard today? >> geithner is in a stronger position, in the respect. the president is net and high can maneuver and say, $1.6 trillion and, they say, $1.1 trillion and speaker beginner has 235 members, and they don't hop to it when he decides to move, he's in a much tougher position structurally and we have seen the history of the show downs, the white house usually wins, and, the main reason why is, he is a unitary executive and, the majority party in congress is in a weaker position. >> chris: m
. >> chris: president obama accusing republicans of being willing to raise taxes on 98% of americans, while speaker boehner says it is the president who is unwilling to compromise. and it is time for our sunday group, bill kristol of the weekly standard. mara liasson of national public radio, republican strategist ed rollins and former democratic senator evan byah. you heard for the last half-hour, tim geithner and john boehner, each say they are being reasonable and it is the other...
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Dec 10, 2012
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i struggle with this. >> that was president obama in 2010. his evolution has progressed rapidly in less than two years. >> at a certain point i've just concluded that for me personally it is important for me to go ahead and affirm that i think same-sex couples should be able it get married, and i continue to believe that this is an issue that is going to be worked out at the local level because historically this has not been a federal issue. >> soon the supreme court may go one step further and decide if the constitution permits same-sex marriage in every state across the country. on friday the nation's highest court announced it would take up two cases challenging laws that define marriage as between one man and one woman. the first seeks to strike down the federal government's defense of marriage act, known as doma. the second involves a challenge to california's proposition 8, a voter-approved ballot initiative that outlawed same-sex marriage. a federal appeals court struck down the law earlier this year. the court's decision to weigh in o
i struggle with this. >> that was president obama in 2010. his evolution has progressed rapidly in less than two years. >> at a certain point i've just concluded that for me personally it is important for me to go ahead and affirm that i think same-sex couples should be able it get married, and i continue to believe that this is an issue that is going to be worked out at the local level because historically this has not been a federal issue. >> soon the supreme court may go...
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. >> anything short of marginal rates, here's the times today, obama's end to giving in. there's a big piece in the journal also about that quoting all these leading democrats saying the president has to hold firm this final they're tieing a whole four years to this, the way this goes, so goes the next four years. so far he's under enormous pressure to stand pat. and boehner i think is under even more enormous pressure because a lot of people see boehner if the house as the last best hope for a voiding what a lot of people think is a calamity. >> but leadership isn't calling the other side names. i think when you talk about the big four, boehner, reid, pelosi -- >> no, not them. >> obama is on the legislative branch. we have to give him a break on that. but there are four big people. those four people couldn't be more inept. >> it's boehner -- the mcconnell and pelosi and reid have nothing to do with what's going on between boehner and obama. >> to some extent that's true. >> reid is the guy that pushed obama to extend the bush tax rates in 2010. so reid would i suspect -
. >> anything short of marginal rates, here's the times today, obama's end to giving in. there's a big piece in the journal also about that quoting all these leading democrats saying the president has to hold firm this final they're tieing a whole four years to this, the way this goes, so goes the next four years. so far he's under enormous pressure to stand pat. and boehner i think is under even more enormous pressure because a lot of people see boehner if the house as the last best hope...
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Dec 4, 2012
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boehner and obama have met before. the summer of 2011. they put a lot of specifics on paper. when boehner coudn g backing from his conference. >> how close is this toth i didn't see this in advance. this was reallyop b. th tn goatn.3 > dl nde. s >> there has been progress. >> right now i would say we're nowhere.3 irey ssisc. paul begala, david frum, former adviser to president george w. bush. gentlemen, nice to have you both. david, let's start with you. depending on who you listen to, it's either going great or not going well at all. they're either optimistic or completely pessimistic. which is it? >> i feel about this whole process as a basketball nonfan, i feel about basketball, which is start it 100-100 and play for five minutes to get it over with. but i think we also need to take a step back and realize just how lunatic this whole process is. what the united states does not need right now is either spending cuts or tax increases. what we should be thinking about is how to get growth. instead of the mishandling of the deal in 2011, we have to pretend that we have what is
boehner and obama have met before. the summer of 2011. they put a lot of specifics on paper. when boehner coudn g backing from his conference. >> how close is this toth i didn't see this in advance. this was reallyop b. th tn goatn.3 > dl nde. s >> there has been progress. >> right now i would say we're nowhere.3 irey ssisc. paul begala, david frum, former adviser to president george w. bush. gentlemen, nice to have you both. david, let's start with you. depending on who...
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Dec 9, 2012
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senator corker, given that president obama won the election, and seems to have most of the political leverage, what is the realistic deal to be made in the next 23 days? >> first of all, i think something will happen. i hope it is large enough for people like me that want to see entitlement reform to vote for. the president has leverage and the republicans have leverage with the debt ceiling and the c.r. which ends in march and hopefully cooler heads will prevail. there are different theories coming forth on how to deal with this and again, chris, it is a unique moment in history, where every developed country in the world, economists on both sides of the aisle, know the greatest threat to our country is fiscal solvency and we have a situation where the minority party is trying to leverage the president into doing something that is great for our nation and it is a very unique time and i hope the president soon will see the light. >> chris: senator schumer, three weeks left. what is the compromise and,his is the important part, that both sides can live with, on taxes, spending cuts, a
senator corker, given that president obama won the election, and seems to have most of the political leverage, what is the realistic deal to be made in the next 23 days? >> first of all, i think something will happen. i hope it is large enough for people like me that want to see entitlement reform to vote for. the president has leverage and the republicans have leverage with the debt ceiling and the c.r. which ends in march and hopefully cooler heads will prevail. there are different...
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Dec 6, 2012
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i think that president obama's right about this. but i think compromise is going to be necessary to achieve some result. >> let me bring in abbe. your father is known as a moderate republican and a good dealmaker, a man who used to negotiate. what do you make of this? and what does he make of this? >> i think morale is so low right now. the country's so divided. especially for my generation. we're the ones that are going to be handed down the $60 trillion defic deficit. they will come to a deal. but right now, it's political theater. and it's probably going to look like the simpson-bowles. that will come full-circle again. >> here's a problem the republicans have got themselves into. is obama has been very clever here, the president. i think what he's done is skillfully said to the public, if he goes over the fiscal cliff, the republicans are prepared to make the entire middle class to pay more tax to save 2% of the wealthiest americans paying a little bit more. and that's a very bad position for the republicans to find themselves i
i think that president obama's right about this. but i think compromise is going to be necessary to achieve some result. >> let me bring in abbe. your father is known as a moderate republican and a good dealmaker, a man who used to negotiate. what do you make of this? and what does he make of this? >> i think morale is so low right now. the country's so divided. especially for my generation. we're the ones that are going to be handed down the $60 trillion defic deficit. they will...
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Dec 10, 2012
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the obama administration had a pretty good proposal to crack down on this stuff back in 2009. never went any place. and that's not surprising given how much money is raised from google. >> what i would say is it is their fiduciary duty to pay a low tax rate. that's what the law says. that's what they have to do. i believe that's what they are doing in this case. >> you know, they talked in the past in washington about a moratorium of some kind to allow companies to repatuate the funds they have overseas. would that satisfy what you're talking about here? >> no -- we need real systemic reform. fiduciary responsibility. google has a brand as one of the good guys. if irt starts to tarnish that brand, that's bad for shareholders long-term. and i think this tarnishes its brand. >> what if we saw a lowering -- it's not on the table obviously. but in theory land, what if we saw a lowering of the corporate tax rate? would that bring an end to this? >> i don't know if it's necessarily a lowering of the actual rate. what is called for is simplifying the structure, letting people know wh
the obama administration had a pretty good proposal to crack down on this stuff back in 2009. never went any place. and that's not surprising given how much money is raised from google. >> what i would say is it is their fiduciary duty to pay a low tax rate. that's what the law says. that's what they have to do. i believe that's what they are doing in this case. >> you know, they talked in the past in washington about a moratorium of some kind to allow companies to repatuate the...
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Dec 4, 2012
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it has been leaked to the reuters news agency that on president obama's short list for defense secretary is the republican, former republican senator, chuck hagel. it is interesting that, today, the white house is doing some leaking to news agencies. reuters cited an administration official, that is all we know, but chuck hagel is on the short list. and the white house says reuters and us plans to announce the new defense secretary and secretary of state, some time over the next two weeks. >> too little, too late; president obama's response to the g.o.p. plan to avoid the cliffally. in an interview with blomberg tv the president said there is not enough time to pull off the republican's proposal that overhauls the tax system and entitlements at tate days from going over the fiscal cliff which is called the series of spending cuts and expiring tax breaks which would be an economic disaster. the sticking point is the call for higher taxes for families, higher taxes on amounts earned above $250,000. everyone gets the tax cut, the first $250,000 is not taxable only but that. the president sa
it has been leaked to the reuters news agency that on president obama's short list for defense secretary is the republican, former republican senator, chuck hagel. it is interesting that, today, the white house is doing some leaking to news agencies. reuters cited an administration official, that is all we know, but chuck hagel is on the short list. and the white house says reuters and us plans to announce the new defense secretary and secretary of state, some time over the next two weeks....
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Dec 9, 2012
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they have declined faster under the obama recovery under the bush "recession" that's the whole separate problem. you can't just take this piecemeal. republicans will have a problem if they pitch late on your problem. the reality in the world the republicans, while we're looking dismal at the federal level have won the majority of the govern ships and in those cases they're lowering taxes. they are flattening the tax rates. they're creating jobs and growing their economies at twice the rate of this lunacy that the president continues to pursue. >> we have a short-run problem, purely a political problem about this fiscal cliff. it has nothing to do with the bondholder and the debt. we should work on that. >>> we got to take a break. lots more roundtable. >>> why did the tea party star quit the senate. what does it mean for the gop? >>> what's next for hillary? twenty-three billion dollars to help those affected and to cover cleanup costs. today, the beaches and gulf are open, and many areas are reporting their best tourism seasons in years. and bp's also committed to america. we support n
they have declined faster under the obama recovery under the bush "recession" that's the whole separate problem. you can't just take this piecemeal. republicans will have a problem if they pitch late on your problem. the reality in the world the republicans, while we're looking dismal at the federal level have won the majority of the govern ships and in those cases they're lowering taxes. they are flattening the tax rates. they're creating jobs and growing their economies at twice the...
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Dec 8, 2012
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obama says the top rate on household income above $250,000 should rise from 35% to 39.6%. boehner wants the rate to stay at 35% or even lower. but what about meeting in the middle? around 37%? listen carefully to the speaker when he was asked today whether that rate could be the answer to this impasse. >> there are a lot of things that are possible. to put the revenue the president seeks on the table. but none of it's going to be possible if the president insists on his position. insists on my way or the highway. >> you hear what he said. a lot of things are possible. that may not sound like much where you're from, but here in washington, it sounds suspiciously like code for, we're making progress. more evidence boehner's democratic counterpart house minority leader nancy pelosi also seems to be softening her language as we head into the weekend. listen. >> what we want to do is protect the middle class. so it's not about the rate. it's about the money. >> so is 37 the magic number in this fiscal cliff debate? outfront" two men who know taxes very well. the president of th
obama says the top rate on household income above $250,000 should rise from 35% to 39.6%. boehner wants the rate to stay at 35% or even lower. but what about meeting in the middle? around 37%? listen carefully to the speaker when he was asked today whether that rate could be the answer to this impasse. >> there are a lot of things that are possible. to put the revenue the president seeks on the table. but none of it's going to be possible if the president insists on his position. insists...